HW

Headwaters Inc

Industrial/Transportation, Event Driven/Special Sit


Presented:03/24/2017
Price:$23.53
Cap:$1.78B
Current Price:$24.24
Cap:$1.82B

Presented

Date03/24/2017
Price$23.53
Market Cap$1.78B
Ent Value$2.46B
P/E Ratio39.17x
Book Value$4.05
Div Yield0%
Shares O/S75.67M
Ave Daily Vol828,883
Short Int0.82%

Current

Price$24.24
Market Cap$1.82B
Headwaters, Inc. engages in the manufacturing of building products for the residential construction residential remodeling, commercial and institutional construction industries. Its products include architectural stone, resin-based exterior siding accessories such as specialty siding and shutters; roofing, trim board, decking, railing concrete block, and various other building products. It operates through the Headwaters Building Products and Headwaters Construction Materials segments. The Headwaters Building Products segment offers siding and trimboard, architectural stone, specialty roofing and concrete block products. The Headwaters Construction Materials segment refers to the sale of fly ash in the United States. The company was founded in 1995 and is headquartered in South Jordan, UT.

Publicly traded companies mentioned herein: Boral Ltd (BLD AU), Headwaters Inc (HW)

Highlights

The presenter is short shares of Headwaters (HW), stating the current arbitrage situation in the wake of a proposed acquisition by Boral overvalues HW’s fundamental prospects. He sees meaningful antitrust challenges for the acquisition. Even in the case of a successful acquisition, upside is limited, which creates an attractive risk/reward set-up on HW’s core business.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.